meyavere meyavere
  • 19-05-2021
  • Business
contestada

Philip earns $980,000 per annum. He is allowed a tax free income of
$50,000. Then his taxable income will be $______
and tax paid at 6% will be $_____
per annum.

Respuesta :

Hawwa
Hawwa Hawwa
  • 19-05-2021

Answer:

His taxable income is $930,000.

Tax paid at 6% will be $55,800 p.a

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